AMA with TokenFi – Hosted by Bitfinex & BitfreedomGus

08 Jul AMA with TokenFi – Hosted by Bitfinex & BitfreedomGus

Bitfinex and TokenFi not too long ago hosted an insightful AMA session with Laymanscrypto, Social Media Coordinator at TokenFi. On this dialog, we explored the mission behind TokenFi, its function in simplifying the tokenisation course of, and the way the mission is pioneering improvements throughout RWA, staking, and no-code token creation. Laymanscrypto shared key updates on the ecosystem, upcoming AI instruments, and the broader imaginative and prescient of democratising blockchain for each people and establishments.

Introduction

Bitfinex:
Whats up everybody and welcome to a different unique Bitfinex AMA! I’m BitfreedomGus and at the moment I’ve the pleasure of welcoming Laymanscrypto, Social Media Coordinator at TokenFi.

TokenFi is revolutionising the tokenisation sector with its all-in-one platform that permits anybody to create tokens and tokenise real-world property with none programming data. We’re very excited to discover how this mission is main the $16 trillion revolution in asset tokenisation.

Laymanscrypto, thanks very a lot for being right here with us at the moment!

Laymanscrypto:
Hello everybody!
Glad to be right here and reply your whole questions. Let’s get began!

Private Journey & Mission Origins

Bitfinex:
To start out on a extra private be aware, may you inform us a bit about your skilled background and the way you bought concerned with the TokenFi mission?

Laymanscrypto:
Certain! I come from a Web2 engineering background, and over the past 5–6 years I developed a robust curiosity in crypto and Web3 applied sciences.

I joined the Floki ecosystem as a result of I believed in its distinctive mixture of utility, branding, and community-first rules. Because the ecosystem advanced, the Floki staff launched TokenFi to faucet into the large alternative in tokenisation.

I began working as a Social Media Coordinator to assist talk TokenFi’s imaginative and prescient to a broader viewers. Comfortable to be right here and reply questions from the Bitfinex group!

Bitfinex:
TokenFi and Floki share the identical staff. May you inform us concerning the connection between these two initiatives and the way the expertise with Floki contributed to the creation of TokenFi?

Laymanscrypto:
Floki and TokenFi are sister initiatives. They share infrastructure and group, however every has its personal particular focus.

Floki proved {that a} memecoin may evolve right into a full ecosystem with actual merchandise, world model recognition, and long-term resilience. That have gave the staff a blueprint for constructing TokenFi.

With Floki, the staff learnt methods to scale throughout a number of verticals — from gaming and DeFi to schooling and advertising and marketing.

TokenFi builds on that basis, however with a transparent mission: to democratise token creation and lead the RWA tokenisation trade. The teachings from Floki’s progress immediately influenced how TokenFi was structured, constructed, and positioned available in the market.

Actual-World Functions & Roadmap

Bitfinex:
TokenFi positions itself on the forefront of the $16 trillion tokenisation trade. What real-world use instances have already been deployed via the platform, and what’s subsequent on the roadmap?

Laymanscrypto:
The most important milestone up to now is the launch of TokenFi RWA on 23 Might this 12 months. This platform permits anybody to tokenise real-world property with full regulatory compliance. It’s constructed on the ERC-3643 normal and powered by our partnership with Tokeny, a number one infrastructure supplier backed by TradFi giants like BNP Paribas and Apex…

TokenFi RWA makes it doable to unlock liquidity, fractionalise possession, and provides world entry to historically illiquid property.

Wanting forward, the roadmap contains the launch of AI-powered instruments like a wise contract auditor and a generative NFT creator, all aimed toward making tokenisation much more accessible and scalable.

Mission Vetting & Neighborhood Worth

Bitfinex:
The TokenFi Launchpad has onboarded spectacular initiatives like Simon’s Cat and YakDAO. How does TokenFi vet initiatives and guarantee long-term worth for $TOKEN holders?

Laymanscrypto:
That’s an vital query that will get requested quite a bit… The TokenFi Launchpad is a decentralised platform, which means anybody can launch a mission via it without having prior approval. This open mannequin is by design, permitting TokenFi to decrease boundaries and assist decentralisation by giving each founder an opportunity to boost capital…

Nonetheless, in terms of high-profile or Floki-backed launches (e.g. the official Simon’s Cat IP), these undergo an inner vetting course of by the Floki core staff. We assess fundamentals, branding potential, tokenomics, and long-term imaginative and prescient. These curated launches usually obtain further ecosystem assist, which can embody advertising and marketing and change listings.

The following high-end mission on the checklist to launch on TokenFi Launchpad is Rice Robotics.

For $TOKEN holders, these curated launches create vital worth. They often generate sturdy demand, include airdrops or allocations for stakers, and contribute to protocol income.

Briefly, whereas the platform is open to everybody, essentially the most strategic alternatives are rigorously chosen and designed to profit the TokenFi group.

Hope that clears issues up!

TokenFi Join

Bitfinex:
TokenFi Join guarantees to hyperlink token creators with exchanges, market makers, and VCs. Are you able to give us a sneak peek into what that have will appear like for a brand new mission proprietor?

Laymanscrypto:
TokenFi Join is designed to present new token creators entry to the sources they should succeed.

When a mission launches, TokenFi Join acts like a personal community, matching them with potential companions together with centralised exchanges, liquidity suppliers, influencers, and funding sources.

It’s an end-to-end assist system that helps take away the cold-start downside… As a substitute of launching right into a void, initiatives are instantly plugged right into a supportive ecosystem. For first-time founders and types getting into Web3, this sort of infrastructure could make the distinction between failure and success.

Supercharger & Staking Loyalty

Bitfinex:
With the TokenFi Supercharger programme providing presale entry, staking rewards, and airdrops, how do you see this mannequin evolving to drive sustained staking and platform loyalty?

Laymanscrypto:
The Supercharger programme creates a robust incentive loop for $TOKEN holders. By staking their tokens, customers get entry to unique presales, increased reward tiers, and airdrops from high-profile launches.

As extra high quality initiatives use the TokenFi Launchpad and RWA platform, the advantages of staking develop into extra enticing. TokenFi can also be exploring new Supercharger options, like tiered entry based mostly on how lengthy you stake or how a lot you’ve contributed to the ecosystem. This builds loyalty and helps create a long-term holder base, which is vital for any ecosystem’s sustainability.

Imaginative and prescient & Ecosystem Match

Bitfinex:
TokenFi has launched a number of merchandise in a short while: Launcher, Launchpad, QuickLaunch Bot, and now plans for AI instruments and RWA tokenisation. What’s the long-term imaginative and prescient for TokenFi — and the way do all these items match collectively?

Laymanscrypto:
The long-term imaginative and prescient is to be the default platform for tokenisation. Every product addresses a distinct step within the token lifecycle.

• The Launcher and QuickLaunch Bot allow you to create tokens immediately.
• The Launchpad provides you funding and publicity.
• TokenFi Join helps you scale.
• And the TokenFi RWA module allows you to tokenise actual property legally and securely.

So, mainly, TokenFi is constructing a full-stack answer that covers creation, distribution, compliance, and progress. All the pieces is designed to work collectively.

Token Utility & Tokenomics

Bitfinex:
Talking about tokenomics, how is the $TOKEN used inside the TokenFi ecosystem?

Laymanscrypto:
$TOKEN is the core utility token of your entire ecosystem. It’s used to pay for providers, entry presales, and earn staking rewards.

Most significantly, each time somebody makes use of a TokenFi product, a portion of the charges is used to purchase and burn $TOKEN from the open market. This deflationary mechanism creates constant purchase strain because the platform grows. Over time, as extra merchandise launch and extra customers onboard, the demand for $TOKEN will increase whereas the availability decreases. That’s a robust setup for long-term worth.

Let me offer you a fast overview of the tokenomics for $TOKEN:

Complete provide = 10,000,000,000 $TOKEN
Preliminary circulating provide = 1,000,000,000 $TOKEN

Preliminary $TOKEN distribution:

• 54% of the availability is allotted to Floki staking swimming pools – to be earned over 4 years
• 2% allotted to Floki NFT holders and Diamond Arms holders
• 10% allotted to the preliminary liquidity pool on the ETH and BNB chains
• 20% allotted to the Floki treasury for improvement and operations
• 2% allotted as staff incentives and vested for 4 years
• 5% allotted to the TokenFi Consumer Incentives System to spice up TokenFi adoption – to be earned over 4 years
• 7% allotted to the TokenFi staking programme – to be earned over 4 years

Actual-World Belongings & Compliance

Bitfinex:
The tokenisation of real-world property (RWA) is a vital differentiator for TokenFi. How do you guarantee regulatory compliance on this course of and what forms of property can already be tokenised on the platform?

Laymanscrypto:
Regulatory compliance is likely one of the most vital facets of RWA tokenisation. That’s why TokenFi partnered with Tokeny to launch the RWA platform utilizing the ERC-3643 normal. This normal contains on-chain id administration, investor whitelisting, and rule-based transfers.

The system ensures that solely eligible, KYC-verified traders can entry sure property, relying on their jurisdiction and accreditation standing. It brings the form of compliance you’d anticipate in conventional finance into the Web3 world.

Bitfinex Itemizing & Strategic Partnership

Bitfinex:
Being listed on Bitfinex represents an vital milestone for any mission. How does this strategic partnership contribute to TokenFi’s targets and what alternatives does it carry to the group?

Laymanscrypto:
Agreed, that’s an attention-grabbing one as a result of Bitfinex is likely one of the most respected exchanges within the crypto area, and being listed there provides vital credibility to TokenFi. It will increase entry to a broader, extra institutional investor base, and supplies deeper liquidity for $TOKEN.

So for the group… this implies higher value discovery, simpler onboarding, and extra visibility. For the ecosystem, it’s a sign that TokenFi is constructing one thing that’s not simply related for retail customers, but in addition for severe traders and establishments which can be the way forward for asset tokenisation.

Viewers Questions

Bitfinex:
TokenFi goals to simplify token creation and tokenisation for people and companies. How does your platform guarantee compliance and safety, particularly as tokenisation begins to draw extra regulatory scrutiny worldwide? (from OracleKayFe)

Laymanscrypto:
Compliance and safety are on the coronary heart of TokenFi’s structure, much more so now that TokenFi RWA is dwell.

As talked about earlier, for real-world asset tokenisation, we’ve partnered with Tokeny, probably the most revered tokenisation infrastructure suppliers within the trade. TokenFi RWA was constructed on the ERC-3643 normal, which was particularly designed for compliant, regulated token issuance. This contains on-chain id verification, rule-based transferability, investor whitelisting, and extra…

So as to add to that, all TokenFi’s sensible contracts are rigorously examined and audited earlier than deployment.

Bitfinex:
What advantages do holders get from conserving their tokens for a very long time? (from Ulk)

Laymanscrypto:
Lengthy-term holders of $TOKEN are rewarded in a number of methods, each immediately and thru the mechanics of the TokenFi ecosystem.

1. $TOKEN staking is a core element of the platform. Stakers acquire entry to unique presales, increased Supercharger rewards, and eligibility for high-profile airdrops (e.g. the Rice Robotics presale talked about earlier). The longer somebody stakes, the extra advantages they unlock.
2. $TOKEN is deflationary by design. Each time somebody makes use of a TokenFi product, a portion is used to purchase and burn $TOKEN. This reduces provide over time, which advantages holders.
3. As extra merchandise launch and extra folks be a part of the ecosystem, advantages for early holders and stakers enhance.

Mainly, holding $TOKEN is like proudly owning a bit of the infrastructure that’s powering the subsequent era of tokenisation.

Particular Thanks & Closing

Bitfinex:
Laymanscrypto, thanks very a lot for sharing such invaluable insights about TokenFi and the way forward for tokenisation. It was actually enlightening to know how you’re simplifying entry to blockchain expertise and revolutionising the asset tokenisation market.

Laymanscrypto:
You might be most welcome. Thanks for having me!

Bitfinex:
To our viewers, thanks for following this AMA. You possibly can study extra about TokenFi by following their official channels:

That concludes the AMA Session